Topic: Carl Icahn

Billionaire Carl Icahn, who has used his financial clout to influence boardroom decisions at publicly traded companies, announced on Thursday that he no longer owns shares in Apple, just days after the company announced its first revenue decline in over a decade.

A series of U.S. Securities and Exchange Commission filings reveal activist investor Carl Icahn and David Einhorn's Greenlight Capital both shed Apple stock in the fourth quarter of 2015 after bullish prospects

Billionaire investor Carl Icahn argued in a Tuesday TV interview on Tuesday that Apple will indeed make and sell a television set, despite a new report claiming that the company abandoned the project over a year ago.

In his latest open letter to Apple Chief Executive Tim Cook, billionaire activist investor Carl Icahn has said he believes shares of the company should currently be trading at more than $100 higher than their current valuation.

Activist investor Carl Icahn believes shares of Apple should be valued much higher than their current trading price, and on Wednesday said he even plans to revise his own price target for the stock, which he called a "no-brainer" investment.

While billionaire Carl Icahn is unlikely to get his way with Apple, his assessment that the company's stock is massively undervalued should help establish a floor for the stock, preventing it from going below about $95, one analyst believes.

After activist investor Carl Icahn published a letter Thursday asking Apple to increase its share buyback efforts once again, the company responded with a statement indicating it's in no rush to make any changes.

Activist investor Carl Icahn published an open letter to Apple CEO Tim Cook on Thursday, revealing that he thinks shares of the company are "dramatically undervalued," presenting it with an opportunity to buy back even more of its own shares at a tremendous discount via a tender offer.

Investor and activist Carl Icahn, who previously had a public battle with Apple over its cash hoard, has revealed he will be sending another open letter to Chief Executive Tim Cook on Thursday, and indicated he believes the note "will be interesting."

Billionaire investor Carl Icahn, who is known to use his substantial clout to steer public companies' financial policies, recently boosted his stake in Apple by 2.8 million shares worth nearly $1.65 billion.

Billionaire activist investor Carl Icahn on Monday dropped efforts push for Apple to spend the bulk of its considerable sum of cash on its own shares, citing recent stock repurchases by the company as "so close" to fulfilling his original goals.

With the share price of Apple dropping more than $40 in Tuesday morning trading following a disappointing earnings report, billionaire investor Carl Icahn announced he has bought another $500 million stake in the company.

Activist investor Carl Icahn revealed on Thursday that he just invested another $500 million in Apple, bringing his stake in the company to $3.6 billion. Coinciding with the announcement, he issued a new 7-page letter to investors encouraging them to vote in favor of his share buyback proposal.

Billionaire activist investor Carl Icahn took to his official Twitter account on Wednesday to reveal that he has purchased $500 million more shares of Apple stock in the last two weeks, and called his continued investment in the company a "no brainer."

Activist investor Carl Icahn, who has a history of using his money and power to influence publicly traded companies and most recently made Apple one of his targets, is now setting his sights on Hertz, buying as many as 40 million shares in the rental car company.

Though billionaire Carl Icahn owns considerable stakes in both Apple and Nuance Communications, the investor revealed this week he has no plans to push for a marriage between the two companies, despite their existing partnerships.

Appearing in a television interview Thursday afternoon, billionaire investor Carl Icahn said that he would consider, but will not commit to, a possible proxy vote to force Apple executives to buy back more of their own shares, if they don't agree to his proposal.